Showing 1-10 of 11 results
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GSB lottery lures all
Business, Wichit Chantanusornsiri, Published on 15/10/2012
» It may very well be the most successful retail banking product in Thai history. More than 70 years ago, the Government Savings Bank launched its savings lottery programme, a deposit product that features regular prize drawings aimed at tickling the inner gambling streak of consumers.
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20m poor qualify for welfare
Business, Wichit Chantanusornsiri, Published on 16/06/2016
» About 20 million people who earn less than 100,000 baht a year are estimated to qualify for the government's welfare scheme for poverty through the national e-payment system, a senior finance official says.
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BAAC woos farmers to use mobile
Business, Wichit Chantanusornsiri, Published on 08/01/2018
» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) aims for at least 500,000 farmers to use its mobile banking services this year.
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VAT return scheme for poor shaping up
Business, Wichit Chantanusornsiri, Published on 12/07/2018
» The planned repayment of value-added tax (VAT) to government welfare smartcard holders is expected to take shape by the end of this year, a move meant to improve their purchasing power.
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Counter Service to charge 10% fee for VAT refund
Wichit Chantanusornsiri, Published on 02/10/2018
» Counter Service, the first agent for tourist VAT refund, will charge a 10% fee for the service, according to the Revenue Department.
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State aid adds to debt
Business, Wichit Chantanusornsiri, Published on 12/03/2019
» The government's policy to ease access to mortgages for the poor and combating informal loans are factors liable for higher household debt, says Finance Minister Apisak Tantivorawong.
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B5,000 cheats media hungry, official claims
News, Wichit Chantanusornsiri, Published on 02/05/2020
» Finance permanent secretary Prasong Poontaneat said he was worried that "some" people who are now gathering in front of the Finance Ministry to demand 5,000 baht per month in aid are not really in need and may even be exploiting the media exposure and people's goodwill.
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Headline inflation posts 0.02% decline in August
Business, Wichit Chantanusornsiri, Published on 30/09/2021
» Headline inflation in August contracted 0.02% year-on-year, the first drop in five months, after the decline of fresh food prices and the government's launch of stimulus measures to ease the cost of living during the pandemic, says Wuttipong Jittungsakul, deputy spokesperson of the Fiscal Policy Office.
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VAT refunds surge after reopening
Business, Wichit Chantanusornsiri, Published on 31/05/2023
» Tourist tax refunds have skyrocketed since Thailand fully reopened in June last year, according to Revenue Department director-general Lavaron Sangsnit.
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VAT reverse charge scheme in the pipeline
Business, Wichit Chantanusornsiri, Published on 18/07/2023
» The Revenue Department is planning to launch a value-added tax (VAT) reverse charge scheme in the scrap metal industry to reduce the risk of refund fraud by January 2024, says director-general Lavaron Sangsnit.
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